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    Home»Nigeria Business»FG Begins Vehicle Recycling Enforcement October, Eyes N60bn Annually
    Nigeria Business

    FG Begins Vehicle Recycling Enforcement October, Eyes N60bn Annually

    NigeriaNewzBy NigeriaNewzJuly 5, 2025No Comments3 Mins Read
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    The federal authorities will start full enforcement of Nigeria’s Finish-of-Life Car (ELV) Waste Recycling Regulation in October 2025, because it accelerates plans to ascertain a nationwide system for dismantling and recycling out of date cars—an initiative anticipated to generate over N60 billion yearly and create greater than 40,000 jobs.

    Director-general of the Nationwide Automotive Design and Growth Council (NADDC), Joseph Osanipin, disclosed the timeline at a high-level stakeholder sensitisation and advocacy occasion held in Abuja. The occasion was a part of a broader nationwide marketing campaign to mobilise regulatory companies, state governments, private-sector recyclers, and traders in assist of the ELV initiative, which he described as a key pillar of Nigeria’s inexperienced industrialisation and round economic system transition.

    He stated the regulation represents a crucial shift within the nation’s environmental and industrial coverage frameworks, aiming to remodel growing old and derelict automobiles from environmental liabilities into industrial property.

    “This isn’t a symbolic regulation,” Osanipin stated. “It’s a systemic financial and ecological intervention that can reposition Nigeria’s automotive ecosystem. We’re establishing an industrial recycling framework that helps inexperienced jobs, drives native funding, unlocks sub-national income, and cuts down city air pollution—unexpectedly.”

    Unveiled on March 5, 2025, by the minister of state for trade, Senator John Owen, the ELV Waste Recycling Regulation mandates the formal identification, deregistration, dismantling, and environmentally sound disposal of derelict automobiles. The coverage additionally units out requirements for recovering reusable supplies and certifying ELV processing operations nationwide.

    Osanipin famous that the coverage represents each an environmental obligation and a strategic industrial alternative for Nigeria.

    “This regulation is not only about scrapping automobiles,” he stated. “It’s about constructing a nationwide round economic system inside the automotive sector. From used automobiles to usable supplies, the worth chain is lengthy and wealthy—and it have to be formalised.”

    To make sure easy and coordinated implementation throughout all ranges of presidency, the NADDC chief introduced the formation of a multi-agency ELV Steering Committee.

    The committee will embrace representatives from the Federal Inland Income Service (FIRS), State Inner Income Companies, Car Inspection Places of work (VIO), Federal Highway Security Corps (FRSC), Nigeria Customs Service, Nigeria Police, and the non-public recycling sector.

    “The committee will coordinate implementation actions, monitor regulatory compliance, resolve inter-agency conflicts, and advocate coverage or authorized changes as wanted,” he stated.

    Along with regulatory enforcement, he stated the NADDC is working with the Joint Tax Board and state tax authorities to design fiscal incentives geared toward encouraging voluntary automobile retirement and accountable recycling practices. These incentives are additionally anticipated to enhance income monitoring from ELV-related companies and dismantling operations.

    “The ELV regulation is a game-changer in our inexperienced industrialisation agenda,” Osanipin stated. “It can assist transition the nation from casual and infrequently hazardous automobile disposal strategies to a regulated, investment-friendly framework anchored on sustainability and innovation.”

    In accordance with him, the ELV coverage will immediately impression a number of sectors—together with automotive companies, logistics, inspection, and materials restoration by creating employment alternatives and inspiring private-sector funding in recycling infrastructure.

     



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